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Coinstar/Coinme Add More Coins, Bitfinex Preps for ETH Fork, Philippines Approves Two Digital Banks, Nomad Bridge Hackers are Offered NFTs + More News
24.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: Coinstar/Coinme Add More Coins, Bitfinex Preps for ETH Fork, Philippines Approves Two Digital Banks, Nomad Bridge Hackers...
Kucoin Boss on Strategy After Hack: ‘We Chose to Act’
12.8.2021
Kucoin, one of the leading crypto exchanges, suffered a hacking incident in 2020 where over $250 million was stolen. However, immediately after the hacking was reported, Kucoin began cooperating with various players from the crypto industry. This cooperation ultimately led to the recovery of...
UN report says North Korea behind $281M exchange hack to fund nukes
10.2.2021
A preliminary report from a United Nations inquiry suggests North Korea is using the proceeds from crypto hacks to funds its weapons programs
The Reported Number of Stolen BTC Drops by 92% as ‘Bitcoin Security Appears to Be Improving’
6.1.2021
The number of stolen bitcoins that were publicly reported in 2020 dropped to 4,472 coins or 0.02% of the digital asset’s circulating supply. This new figure represents a 92% drop from the 56,870 reported in 2019. When using current bitcoin prices, the 2020 thefts caused losses that...
KuCoin inches closer to recovery by reopening deposits and withdrawals
22.11.2020
After a crippling hack, KuCoin looks to return to normalcy — but what's next for the troubled exchange?
KuCoin September 2020 Hack: Hacken Research
16.10.2020
Last week, the hottest topic in the crypto markets was the KuCoin hack. Our team highly values the need forContinue Reading
The post KuCoin September 2020 Hack: Hacken Research appeared first on CoinMarketCap Blog
Why didn't the Kucoin hack or legal action against BitMEX seem to impact Bitcoin?
14.10.2020
Bitcoin may have solidified a price base due to big player purchases
Decentralized Governance in the Wild – Lessons from the KuCoin Hack
12.10.2020
Ben Goertzel, founder of SingularityNET, reflects on governance decisions made following the $150 million KuCoin exploit – and why hard forking wasn't the best option
Kucoin CEO Says Exchange Hack Suspects ‘Found,’ $204 Million Recovered
4.10.2020
According to the Kucoin exchange CEO Johnny Lyu, the trading platform has recovered $204 million in crypto assets since October 1. The exchange executive says the hacking suspects have been “found” and the “police are officially involved” in order to take action....
Kucoin Hack: $17M Laundered Via Decentralized Exchanges, Blockchain Analysis Firm Claims This Can Still be Traced
2.10.2020
Elliptic says the Kucoin hacker has sold $17.1 million worth of tokens via decentralized exchanges (dex) platforms like Uniswap, Kyber Network, Tokenlon. The shift to dex applications comes after centralized projects came to the aid of the beleaguered exchange by blocking any cashing out of...
KuCoin hack unpacked: More crypto possibly stolen than first feared
30.9.2020
The KuCoin hack is the first high-profile case of a decentralized exchange being used to launder stolen funds
Chainalysis expands presence in APAC in response to KuCoin hack
29.9.2020
But it remains unclear where KuCoin is actually headquartered
Token Projects to Recover $130M from the Kucoin Hack, Devs Condemned for Centralization
29.9.2020
The cryptocurrency community has been discussing the Kucoin hack as a great number of ERC20 projects have frozen, paused, or reversed their smart contracts after the hack. Estimates say that at least $129 million ERC20 tokens affected are considered “safe” from the hacker’s...
Ocean Protocol Forks to Retrieve Tokens Stolen From KuCoin Exchange
28.9.2020
On Sunday, Ocean Protocol conducted a hard fork from its old token address to prevent the Kucoin exchange hacker from continued unloading of stolen OCEAN tokens on decentralized exchange Uniswap
KuCoin Hack Shows Key Difference Between Altcoins and Bitcoin
28.9.2020
"Unprecedented" moves by altcoins in the aftermath of the KuCoin hack showed that the old adage "not your keys, not your coins" might be true in the case of decentralized cryptocurrencies such as bitcoin (BTC) only.
As reported, following several abnormal transactions first...
Why traders are not worried that the KuCoin hack will drop Ethereum price
28.9.2020
After the $150 million KuCoin hack, traders appear unworried that open market sales by the hacker will drop Ethereum price
Freeze, pause, reboot: Projects react differently to $200M KuCoin hack
27.9.2020
KuCoin reported at least $129M of the affected funds are ‘safe.’
Kucoin Hacker Leverages Uniswap to Dump Vast Number of ERC20 Tokens
27.9.2020
Since the recent Kucoin hack, the crypto community has been waiting for the hacker to move funds. During the early morning hours (ET) on Sunday, a number of people noticed the Kucoin hacker started to move a large amount of ether and ERC20s to connect with the decentralized exchange (dex) Uniswap....
Kucoin Hacked for $150 Million in Bitcoin; Bitfinex and Tether Freeze $33 Million of the Stolen Funds
26.9.2020
Cryptocurrency exchange Kucoin may have been hacked for $150 million in bitcoin and multiple ERC20 tokens. The Singapore-based exchange confirmed the September 25 security breach, but did not disclose the amount stolen. “Bitcoin, ERC-20 and, other tokens in Kucoin’s hot wallets were...
Not your keys, not KuCoin's: Red flags ignored
26.9.2020
A dizzying lack of transparency as the crypto exchange is hacked and $150m in customer funds goes missing